Legal Opinion
Rock Island Auction Sales, Inc. v. Empire Packing Co.
Illinois Supreme Court
Decided January 21, 1965No. 38745PublishedCited by 43 opinions
1Opinion of the CourtJustice Schaefer
This case presents issues concerning the construction and validity of section 4 — 302 of the Uniform Commercial Code. Ill. Rev. Stat. 1963, chap. 26, par. 4 — 302.
The facts were admitted or stipulated. On Monday, September 24, 1962,.the plaintiff, Rock Island Auction Sales, Inc., sold 61 head of cattle to Empire Packing Co., Inc. and received therefor Empire’s check in the sum of $14,706.90. The check was dated September 24, 1962, and on that day the plaintiff deposited it in the First Bank and Trust Company of Davenport, Iowa. It was received by the payor bank, Illinois National Bank and…
2Cases cited1 opinion
- People Ex Rel. Barrett v. Union Bank & Trust Co.Illinois Supreme Court · 1935
3Cited by43 opinions
- Idah-Best, Inc. v. First Security Bank of Idaho, N.A.Idaho Supreme Court · 1978
- Morgan Guaranty Trust Company Of New York v. American Savings And Loan AssociationCourt of Appeals for the Third Circuit · 1986
- Bernstein v. Alpha Associates, Inc. (In Re Frigitemp Corp.)District Court, S.D. New York · 1983
- Kane v. American National Bank & Trust Co.Appellate Court of Illinois · 1974
- Farmers Cooperative Livestock Market, Inc. v. Second National Bank of LondonCourt of Appeals of Kentucky (pre-1976) · 1968
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